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North Carolina · Nonprofit

COVENANT COMMUNITY SCHOOL INC

COVENANT COMMUNITY SCHOOL INC (North Carolina) receives grants from 2 organizations whose IRS filings report $20,904 to it, the largest being GASTON COMMUNITY FOUNDATION ($20,476). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$159k
Funders on record
2
Grants received
$21k
Net assets
$46k
2/2 repeat funderspeak grant-dependency 6%
01What it does

What Covenant Community School Inc does

Mission

Covenant community school, inc. Is a charitable community service organization whose mission is to provide a christ centered preschool experience ministering to children and their families.

As stated on its FY2024 Form 990.

Program

  1. Youth development: covenant community school is committed to nurturing the potential of every child. We are serving a diverse population of pre-school children in gaston county, n. C. The school strives for excellence to meet the qualifications of a high quality christ centered early childhood experience. Through christian values, the school focuses on the social and emotional skills children need to succeed in school and life. Scholarship help is provided to a large percentage of our student population to qualifying families in need. Approximately 100 students were enrolled.

    $139,490 spent$153,448 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $139,490.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($143k) Expenses 100 ($146k) Net assets 100 ($38k)2018 Revenue 114 ($163k) Expenses 108 ($158k) Net assets 114 ($44k)2019 Revenue 123 ($176k) Expenses 111 ($162k) Net assets 151 ($58k)2020 Revenue 136 ($194k) Expenses 122 ($178k) Net assets 192 ($73k)2021 Revenue 162 ($231k) Expenses 141 ($206k) Net assets 256 ($98k)2022 Revenue 143 ($205k) Expenses 146 ($213k) Net assets 233 ($89k)2023 Revenue 120 ($171k) Expenses 134 ($196k) Net assets 168 ($64k)2024 Revenue 111 ($159k) Expenses 121 ($177k) Net assets 120 ($46k)
'17'18'19'20'21'22'23'24
Revenue (111)Expenses (121)Net assets (120)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $99k to $71k (−28%).

$38k
$44k
$61k
$77k
$101k
$99k
$71k
$53k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 10%. Grants only. Government contracts and fees sit inside program revenue.

0% of COVENANT COMMUNITY SCHOOL INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$4k
’17
$5k
’18
$14k
’19
$16k
’20
$24k
’21
−$9k
’22
−$25k
’23
−$19k
’24
3.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed34222222
Joined·+2······
No longer listed·1······
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $9k → $123.

Funder
'17
'19
'20
'21
'22
'23
total
funders
1
1
2
1
1
1

2 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of COVENANT COMMUNITY SCHOOL INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

COVENANT COMMUNITY SCHOOL INC leans on a few funders — its largest provides 98% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund COVENANT COMMUNITY SCHOOL INC.

98%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 99% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of COVENANT COMMUNITY SCHOOL INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $21k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

COVENANT COMMUNITY SCHOOL INC receives grants from 2 organizations whose IRS filings report $21k to it.

Operating margin−12% · bottom quartile
Months of reserve3.6mo · below the median
Revenue growth (annualized)2% · below the median

this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024

Organizations like COVENANT COMMUNITY SCHOOL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 21%Fundraising 0%

Governance

2
board members
50%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for COVENANT COMMUNITY SCHOOL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds COVENANT COMMUNITY SCHOOL INC?
COVENANT COMMUNITY SCHOOL INC (North Carolina) receives grants from 2 organizations whose IRS filings report $20,904 to it, the largest being GASTON COMMUNITY FOUNDATION ($20,476). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does COVENANT COMMUNITY SCHOOL INC have?
IRS filings report 2 organizations giving $20,904 in grants to COVENANT COMMUNITY SCHOOL INC, 2 of which have funded it in more than one year.
Who is the largest funder of COVENANT COMMUNITY SCHOOL INC?
GASTON COMMUNITY FOUNDATION is the largest funder on record, with $20,476 in grants. The full list of funders is on this page.
How can an organization like COVENANT COMMUNITY SCHOOL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Covenant Community School →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing